U.S. President Donald Trump backed away from his threat to impose 25% tariffs on Mexico and Canada on Feb. 3, leaders of those countries said, but U.S. tariffs on China were to take effect.
Both Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum said they had agreed to bolster border enforcement efforts in response to Trump’s demand to crack down on immigration and drug smuggling. That would pause the steep tariffs for 30 days, both leaders said.
Trudeau said Canada would deploy new technology and personnel along its border with the United States to stop the flow of fentanyl. Mexico agreed to reinforce its northern border with 10,000 National Guard members to stem the flow of illegal migration and drugs.
The agreement came less than 48 hours after Trump announced sweeping tariffs on goods from the top three U.S. trading partners.
Trump warned Feb. 3 he might increase tariffs on Beijing beyond the 10% he imposed and that he would discuss the matter with the Chinese government’s leadership in the next day or so.
“China hopefully is going to stop sending us fentanyl, and if they’re not, the tariffs are going to go substantially higher,” he said. (Reuters)